The rumours that online lottery could cripple a country’s national lottery are bogus. In fact, Paschal Donohoe, who’s Ireland Minister of Finance dismissed these allegations publicly last week. According to him, no reports bear any evidence of a noticeable impact. So this could mean two things. First, more data is needed, or the claims are false. So let’s reveal what we know so far.
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In fact, it seems that it’s not just Donohoe who agrees that Online lotto doesn’t cannibalise the National lottery revenues of a country. But the European Lotto Betting Association (ELBA) Agrees too! In essence, ELBA is an organisation that saw the light in July 2018. This organisation gives a voice to the online lottery operators. And a recent comment by ELBA supports Donohoe’s conclusion too!
The truth is that online lottos are convenient. But they don’t stop impulse buy offline! Yet, this could change since operators like Multilotto give more advantages to players. Some of the big advantages include syndicates, of course. But let’s not forget about Betting on Lotto (BOL)!
So what’s BOL? Well, it’s the same as buying a lotto ticket offline. But, you’ll get your winnings from a regulated third-party company. And the company always gives the same amount or sometimes more to players. Thanks to ongoing promotions.
Plus, let’s not forget that online lotto gives you more options too! In fact, at the moment on MultiLotto, you can buy tickets for some of the richest lotteries in the world. The tickets you can buy includes lottos from Ireland, Australia, and even the USA. All you have to do is to visit MultiLotto and no need to take your brolly with you!